Personal Finance for Inflationary Times

Chapter 1: Goalsetting During Inflationary Times

Chapter 2: Capital and Interest

“Capital” in the hands of governments

U.S. Dollar as Reserve Currency

Chapter 4: Saving and Hoarding

Chapter 5: Labor Income and Markets

Labor in the first stage of inflation

Labor in the second stage of inflation

Labor markets during the third stage of inflation

Larger firms move to cheaper labor markets

Cheap labor moves to higher wage markets

How to survive in the short run

How to compete in the long run

Inflation’s impact on labor in the United States today

Chapter 6: Starting Your Own Business

Many people dream of working for themselves. How do you start on such a path? What are the risks and rewards involved? Is entrepreneurship right for you? How about an on-line business? How to Collect Debts. Drafting contracts. Special contracts for inflationary times.

Chapter 7: Financial Statements and Budgets

Financial statements help individuals and businesses manage their finances and gauge their progress. Cash flow statements, balancing a checkbook, income statements, and balance sheets. Budgets can help people see more clearly what income and expenses they have and how much inflation is affecting their purchasing power.

Chapter 8: Taxes

Bracket creep and alternative minimum taxes become more important during inflationary times. Legitimate deductions and exempt income grow in importance.

Chapter 9: Insurance

Without insurance, you could lose virtually everything you own. With inflation, your insurance could become worthless. Learn which kinds of insurance are better than others. Covers health insurance, life insurance, liability insurance, property insurance.

Chapter 10: Law Suits and Lotteries

The U.S. is rife with lawsuits. By getting involved in a lawsuit, you could lose your money and privacy. Learn how to judgment-proof yourself. What every attorney learns. What Lawsuits and Lotteries have in common.

Chapter 11: Wealth Protection Devices and Financial Privacy

What rights to privacy, if any, do you have as an American citizen/resident? Where in this world can you find financial privacy? Wealth protection and distribution are the name of the game during inflationary times. There are a number of different strategies to consider. Trusts, Corporation, Limited Partnerships, Foreign Trusts, etc.

Chapter 12: Bankruptcy

Contrary to popular belief, bankruptcy doesn’t necessarily mean that you are completely broke. It just means that you became overextended and lived beyond your means. Learn how to regain control over your life.

Chapter 13: Having Children: Can You Afford Them?

A child is a major financial responsibility that requires some planning and foresight. Home schooling vs. private schooling vs. state education. This can be very difficult during inflationary times.

Chapter 14: Who Needs a Will?

You do, most likely. Learn how a will is made and the power it gives you to distribute your estate after death. Without a will, your estate is subject to higher, unnecessary costs. Avoid them!

Chapter 15: The Economics of Divorce

Divorce will impact your financial situation, sometimes drastically. Inflation only makes life more difficult when going it alone. Some things to consider before becoming single again.

Chapter 16: How to Handle An IRS Audit

The odds are that you won’t experience the “pleasure” of an IRS audit during your life; however, if you do, by maintaining careful records and financial statements, and learning how the IRS works and what they want, you should be able to come out intact.